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Investing.com -- Pony AI Inc. (NASDAQ:PONY) stock rose 6.4% in pre-market trading after the autonomous mobility company announced it received a permit to provide fully driverless commercial Robotaxi services in Shanghai’s Pudong New Area.The permit, issued at the World Artificial Intelligence Conference 2025, makes Pony.ai the only company with fully driverless commercial Robotaxi service permits in all four of China’s tier-one cities: Beijing, Shanghai, Guangzhou, and Shenzhen.Pony.ai plans to launch fully driverless ride-hailing services initially in the core business districts of Jinqiao and Huamu before expanding to other regions in Pudong. The Huamu area is located less than 3 kilometers from Lujiazui, Shanghai’s financial district.Pudong New Area, with over 5 million residents across nearly 1,400 square kilometers, hosts key financial institutions, multinational corporations, and high-tech innovation hubs. The strategic location is expected to help Pony.ai engage with premium users in this densely populated urban market.This regulatory approval represents a significant milestone for the company as it continues to advance Robotaxi commercialization in China’s major urban markets, demonstrating increasing regulatory trust in the company’s autonomous driving technology and safety standards.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.